NZDJPY 4h chart analysis: Key levels Trends Setup

The NZDJPY pair is showing slight bullish momentum but the key level to watch is 86.000 A breakout above this level could signal further upside. while rejection could lead to retest of lower support levels, Stay alert and trade with cautions.

Trade active

📈 NZD/JPY Breakout Playing Out! 🚀

NZD/JPY has successfully broken out of the descending channel, confirming bullish momentum. Price has already moved halfway towards the target, with 86.00+ in sight.

🔹 Breakout Retest? A minor pullback could offer re-entry opportunities.
🔹 Next Targets: 86.50 – 87.00 resistance zone.
🔹 Invalidation: A drop back below 85.00 could weaken the breakout structure.

Bulls are in control! Let's see if it hits the full target. 🔥📊 #NZDJPY #ForexTrading

Trade closed: target reached

✅ NZD/JPY Breakout Hits Target! 🚀🎯

The descending channel breakout played out perfectly, with price reaching the 86.50 – 87.00 target zone as expected. Bulls took control, confirming the shift in momentum.

🔹 Breakout Confirmation: Strong push above resistance.
🔹 What’s Next? Watching for continuation towards 88.00 or a potential pullback for re-entry.
🔹 Support Levels: 85.50 – 86.00 now acting as key support.

A textbook breakout move! 📊🔥 Let’s see what comes next. #NZDJPY #ForexSuccess

MrStellanSight

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MrStellanSight

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